Dala Group LLC Acquires New Shares in NextEra Energy, Inc. $NEE

Dala Group LLC acquired a new position in NextEra Energy, Inc. (NYSE:NEEFree Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 16,428 shares of the utilities provider’s stock, valued at approximately $1,525,000. NextEra Energy makes up approximately 1.3% of Dala Group LLC’s holdings, making the stock its 20th biggest position.

Other hedge funds have also bought and sold shares of the company. Laurel Wealth Advisors LLC purchased a new stake in shares of NextEra Energy during the 4th quarter valued at about $25,000. Anfield Capital Management LLC raised its holdings in shares of NextEra Energy by 692.3% during the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 270 shares during the last quarter. Wealth Watch Advisors INC raised its holdings in shares of NextEra Energy by 223.8% during the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 226 shares during the last quarter. Osbon Capital Management LLC bought a new position in NextEra Energy during the fourth quarter valued at approximately $27,000. Finally, Strive Asset Management LLC bought a new position in NextEra Energy during the third quarter valued at approximately $29,000. Hedge funds and other institutional investors own 78.72% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. DA Davidson raised their target price on shares of NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. HSBC boosted their target price on shares of NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. Scotiabank increased their price target on NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a report on Friday, April 24th. JPMorgan Chase & Co. lifted their price objective on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Wednesday, May 13th. Finally, BTIG Research reiterated a “buy” rating and set a $112.00 price objective on shares of NextEra Energy in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $99.36.

Get Our Latest Stock Report on NEE

NextEra Energy Stock Down 0.9%

NYSE NEE opened at $87.14 on Friday. NextEra Energy, Inc. has a 52 week low of $69.24 and a 52 week high of $98.75. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. The company has a market capitalization of $181.75 billion, a P/E ratio of 19.58, a price-to-earnings-growth ratio of 2.38 and a beta of 0.67. The stock’s 50-day moving average price is $87.30 and its 200-day moving average price is $89.77.

NextEra Energy (NYSE:NEEGet Free Report) last announced its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.04. The company had revenue of $7.53 billion during the quarter, compared to the consensus estimate of $8.11 billion. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The firm’s revenue was up 12.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, equities research analysts predict that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be given a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Friday, August 28th. NextEra Energy’s dividend payout ratio (DPR) is presently 55.96%.

NextEra Energy Company Profile

(Free Report)

NextEra Energy, Inc (NYSE: NEE), headquartered in Juno Beach, Florida, is a leading clean energy company with both regulated utility operations and competitive renewable generation businesses. The company’s principal operating subsidiaries include Florida Power & Light Company (FPL), a regulated electric utility serving customers in Florida, and NextEra Energy Resources, which develops, constructs, owns and operates a large portfolio of wind, solar and energy storage projects. Together these businesses provide electricity supply, transmission and distribution services as well as utility-scale renewable generation and related services.

NextEra’s activities cover the full lifecycle of power assets, from project development and construction to operation, maintenance and asset optimization.

Further Reading

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Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

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